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Image 1 - 400 Park Avenue South, New York, NY 10016, USA - Condo for sale

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Image 3 - 400 Park Avenue South, New York, NY 10016, USA - Condo for sale

Image 4 - 400 Park Avenue South, New York, NY 10016, USA - Condo for sale

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Condo For Sale In New York, New York

400 Park Avenue South, New York, NY 10016, USA

Condo For Sale In New York, New York

condo for sale

Listed: 04/21/24

400 Park Avenue South, New York, NY 10016, USA

3 Bed:

2.5 Bath:

2,814 Sq Ft Living Area:

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Price

$ 5,45M

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About This Condo

26C is a stunning three-bedroom in a full-service condo with 11' ceilings, two living rooms, open chef's kitchen, sweeping river and skyline views, elegant home-office, four walk-in-closets, and immaculate finishes throughout the sophisticated living space. 400 Park Avenue South is a luxury condominium in the heart of NoMad with 81 residences. The 40 story-building was designed by Pritzker-Prize winning architect, Christian de Portzamparc in 2014. Luxury amenities include 24/7 concierge service, 27th floor sky lounge with outdoor space, garden courtyard, residents' lounge, media room, playroom, screening room, golf simulator, conference meeting room, and a state-of-the-art fitness center that includes a lap pool with jacuzzi, a yoga room, a spin room, and a steam room. Tenant in place till March 2025 providing a 2.4% CAP rate. Current market rents deliver a 2.9% CAP. End-user and 10-31 Exchange opportunity. The residence can also be delivered with tenant or vacant.

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Rose Hill Housing & Living

Household Income

Median household income: $63,799

Number of households: 3,2M

The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.

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